2018
Exports
$1MWorld Rnk 50 / 111
Flag Rnk 809 / 1207
2023
PRODUCT COMPLEXITY IN Carbon
0.3Rnk 457 / 1025
2018
Imports
$10.8MWorld Rnk 46 / 173
Flag Rnk 515 / 1210
2023
ECONOMIC COMPLEXITY of Bulgaria
0.69Rnk 38 / 132

About

Exports In 2018, Bulgaria exported $1M in Carbon, making it the 50th largest exporter of Carbon in the world. At the same year, Carbon was the 809th most exported product in Bulgaria. The main destination of Carbon exports from Bulgaria are: Greece ($273k), Turkey ($236k), Romania ($217k), Slovenia ($64.2k), and Netherlands ($46.9k).

The fastest growing export markets for Carbon of Bulgaria between 2022 and 2023 were Turkey ($78.1k), Slovenia ($57.1k), and Poland ($46.3k).

Imports In 2023, Bulgaria imported $10.8M in Carbon, becoming the 46th largest importer of Carbon in the world. At the same year, Carbon was the 515th most imported product in Bulgaria. Bulgaria imports Carbon primarily from: Hungary ($6.62M), Belarus ($1.22M), Russia ($737k), Germany ($682k), and Spain ($506k).

The fastest growing import markets in Carbon for Bulgaria between 2022 and 2023 were Hungary ($2.35M), Russia ($227k), and Czechia ($199k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Carbon. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1M
IMPORTS (2023)$10.8M
NET TRADE (2023)-$9.81M

In 2023, Bulgaria exported $1M in Carbon. The main destinations of Bulgaria exports on Carbon were Greece ($273k), Turkey ($236k), Romania ($217k), Slovenia ($64.2k), and Netherlands ($46.9k).

In 2023, Bulgaria imported $10.8M in Carbon, mainly from Hungary ($6.62M), Belarus ($1.22M), Russia ($737k), Germany ($682k), and Spain ($506k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Carbon EXPORT MARKETS FOR Bulgaria WERE (2022 - 2023):
Turkey$78.1k (49.6%)
Slovenia$57.1k (809%)
Poland$46.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbon BY Bulgaria WERE (2022 - 2023):
Serbia-$201k (-95%)
Greece-$146k (-34.8%)
Romania-$33.5k (-13.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bulgaria's main exporting competitors in Carbon were:
China $1.15B
In 2023, Bulgaria's main importing competitors in Carbon were:

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Trade Value of Carbon by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $240k
TOP IMPORT POTENTIALRussia+ $504k

Carbon’s highest export potential is Turkey. With an export gap of $240k.   Carbon’s highest import potential is Russia with an import gap of $504k.

See methodology.

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